India Pet Food Market- Trend Analysis & Forecast to 2030
India pet food market valued at US$ ** billion in 2023 and is projected to witness a CAGR of **% between 2020 to 2030. The India pet food market is...
Report ID: AGI-050 | 145 Pages | Status: Upcoming |
India Pet Food Market- Trend Analysis & Forecast to 2030
India pet food market valued at US$ ** billion in 2023 and is projected to witness a CAGR of **% between 2020 to 2030. The India pet food market is poised for substantial growth, driven by rising pet ownership, evolving consumer preferences, and increased awareness of pet nutrition. Key insights reveal a shift towards premium, organic, and customized pet food products, with the growth largely concentrated in urban areas.
Primary Areas/ Elements of Research & Analysis The report provides comprehensive and valuable insights into the supply and demand dynamics of the India Pet Food market. Below are the variables considered and analyzed in the report:
■ Analysis of the India Pet Food market with respect to supply-demand, growth trends, and trade (export & import) patterns |
Market/ Product Overview
The India pet food market has witnessed a dynamic transformation over the past decade. Rapid urbanization, higher disposable incomes, and a growing trend of nuclear families have fueled pet ownership. This has led to a parallel rise in demand for high-quality pet food products. The market’s structure is characterized by diverse offerings, including dry food, wet food, treats, and specialized diets. In 2023, the market was predominantly urban-centric, but rural areas are emerging as potential growth zones. The shift towards e-commerce platforms has also facilitated the market’s expansion. Additionally, regulatory frameworks and increasing investment in domestic manufacturing are expected to bolster the industry.
Pet Population & Pet Ownership Trend in India
Pet ownership in India has seen exponential growth, with an estimated pet population of over ** million in 2023. Dogs dominate the segment, followed by cats and other pets like fish and birds. Factors such as the emotional companionship provided by pets, coupled with rising awareness of animal welfare, have contributed significantly. Millennials and Gen Z are the primary demographics driving this trend, often influenced by exposure to Western pet care norms. As families adopt pets as integral members, expenditure on pet care, including nutrition, has increased proportionally.
The primary ingredients used in Indian pet food include cereals, meat derivatives, fish meal, vegetables, and essential oils. High-protein components like chicken and fish dominate the market due to their nutritional benefits. Locally sourced ingredients such as rice, maize, and pulses are also prevalent, driven by cost-effectiveness and availability. The rising demand for organic and natural ingredients has encouraged manufacturers to incorporate fresh produce and herbs into their formulations.
India Pet Food Market Growth Factors
India’s pet food market growth is underpinned by several factors. Increased disposable incomes have enabled families to invest in premium pet care products. The growing perception of pets as family members has elevated spending on their well-being, including nutrition. Rising awareness about pet health, driven by veterinary recommendations, has popularized specialized diets tailored for specific breeds, life stages, and health conditions. The penetration of e-commerce platforms has made a wide range of products accessible, while aggressive marketing strategies by leading brands have raised awareness about the importance of balanced pet nutrition.
Restraints & Challenges
Despite its growth potential, the India pet food market faces challenges. Limited awareness in rural areas and the high cost of premium products deter widespread adoption. Regulatory barriers, including stringent import restrictions on key ingredients, often impede production capabilities. Supply chain inefficiencies, particularly in storage and transportation, result in higher operational costs. Additionally, cultural preferences for home-cooked pet meals over packaged food, particularly in non-urban regions, continue to limit market penetration.
India Pet Food Industry: Supply Chain Constraints and Value Chain Challenges
The pet food industry in India encounters significant supply chain constraints, such as inadequate cold storage infrastructure and logistics inefficiencies. Many manufacturers rely on imported ingredients, which face delays due to regulatory bottlenecks. The fragmented nature of the supply chain results in inconsistent product availability across regions. Value chain challenges include high costs of raw materials, limited local sourcing options for premium ingredients, and dependency on unorganized distribution channels. Addressing these issues requires coordinated efforts between stakeholders, including manufacturers, distributors, and regulatory authorities.
India Trend of Pet Food Demand & End-Use Pet Type
Demand for pet food in India is heavily skewed towards dogs, accounting for over 70% of the market in 2023. Cats, however, represent a growing segment, driven by urban households seeking low-maintenance pets. Specialty foods catering to birds, fish, and exotic pets are also gaining traction. Customized diets and breed-specific formulations are emerging trends, reflecting the increasing sophistication of consumer preferences. Treats and functional foods targeting dental health, skin care, and weight management are expected to drive further growth.
Innovations Trend in India Pet Food Products
Innovation is reshaping the Indian pet food landscape. Manufacturers are introducing organic, grain-free, and preservative-free products to cater to health-conscious consumers. Functional foods, enriched with probiotics, omega fatty acids, and antioxidants, are gaining popularity for their health benefits. The incorporation of traditional Indian ingredients such as turmeric and ashwagandha reflects the trend towards localized formulations. Moreover, the development of sustainable packaging solutions and eco-friendly practices underscores the industry’s commitment to environmental responsibility.
India Pet Food Market: Consumer Insights
Indian consumers are increasingly prioritizing their pets’ health and nutrition. Urban households dominate the market, with millennials and working professionals driving demand for convenient, ready-to-serve pet food options. Consumers are showing a preference for branded products, perceiving them as safer and more reliable. The rising awareness of pet-specific dietary needs has led to the acceptance of premium and therapeutic diets. However, affordability remains a key consideration, especially in tier-2 and tier-3 cities, where cost-effective options are more popular.
India Pet Food Trade (Export & Import) Trend
India’s pet food trade is characterized by limited exports and significant imports. Imported products from the U.S., Europe, and Australia dominate the premium segment, favored for their quality and variety. However, high import duties and currency fluctuations pose challenges. On the export front, India’s contribution remains nascent, with few players targeting neighboring markets like Bangladesh and Nepal. Government initiatives to promote local manufacturing and reduce import dependency are expected to boost the domestic industry’s global competitiveness.
India exported ** tonnes of pet food products valued at US$ 59.26 million in 2023. Germany, U.K., USA, and Netherland were the major importers of pet food products from India. At the same time, India imports stood at US$ 129.50 million and majorly imported from Thailand, South Africa, France, and Italy.
India Pet Food Market Competitive Analysis
The competitive landscape of the Indian pet food market is marked by the presence of global giants like Mars Petcare and Nestlé Purina, alongside domestic players such as Drools and Heads Up For Tails. Multinational companies leverage their brand equity and R&D capabilities to dominate the premium segment, while local manufacturers focus on affordability and regional preferences. The rise of private-label brands through e-commerce platforms is intensifying competition. Strategic collaborations, product diversification, and targeted marketing campaigns are key strategies employed by industry players.
Developments in India Pet Food Industry:
■ Increased Investments: Drools Pet Food Pvt. Ltd. has raised $60 million from LVMH-backed private equity firm L Catterton, marking one of the largest investments in India’s pet care industry. The investment represents 10% of Drools’ valuation. The funding will enhance manufacturing capabilities, expand the retail network, and strengthen marketing efforts, the company announced.
■ Rising Market Entries: International brands, including Royal Canin and Mars Petcare, are expanding their presence, while domestic brands like Heads Up For Tails are innovating with premium and customized offerings.
■ E-commerce Expansion: Pet food brands are increasingly leveraging platforms like Amazon, Flipkart, and dedicated pet-care websites to cater to growing online demand.
■ Focus on Premiumization: There is a noticeable shift toward premium and specialized pet food, such as breed-specific, grain-free, and organic products, driven by changing consumer preferences.
■ Local Manufacturing: To reduce costs and improve accessibility, several brands are investing in local manufacturing facilities and sourcing domestic ingredients.
Key Companies in India Pet Food Market include (Producers/ Exporters),
■ Mars Petcare
■ Nestlé Purina
■ Indian Broiler Group (Drools Pet Food Pvt. Ltd. & Pure Pet)
■ Charoen Pokphand Group
■ Himalaya Pet Care
■ Farmina Pet Foods
■ Arden Grange
■ Pawfect Foods
■ Purepet
■ Cannis Lupus Services
■ Kennel Kitchen
■ Vetina Healthcare
■ Avanti Pvt Ltd.
■ Chappi
Future Outlook
The India pet food market is poised for sustained growth through 2030, driven by increasing pet adoption and evolving consumer preferences. Investments in local manufacturing, coupled with technological advancements and innovative product launches, will shape the industry’s trajectory. Addressing supply chain inefficiencies and enhancing rural penetration will be critical for unlocking the market’s full potential.
Report Coverage
India pet food market report covers historical market data from 2015-2023 and projections to 2030. The report also includes supply & demand and trade (import-export) market analysis. The decision matrix analysis helped in identifying the barriers and their implications on the value chain and different factors of relative significance to the India pet food market are diligently tracked and their impact closely monitored for short, medium, and long-term market cycles. The report's contents cover an analysis of the aspects involved in the pet food market such as the parent market, the evolution of the industry, innovative technologies in the manufacturing process, supply chain, and listing of key exporters.
Scope of the Report
Report Attributes | Details |
---|---|
Historical Years | 2015–2022 |
Base Year | 2023 |
Forecast Period | 2024–2030 |
Units | Value (US$ Million) and Volume (Thousand Tonnes) |
Report Coverage | Production, Consumption, Export, and Import |
Segments Covered |
|
Geographies Covered | India |
Companies Profiled | The market players include, Mars Petcare, Nestlé Purina, Indian Broiler Group (Drools Pet Food Pvt. Ltd. & Pure Pet), Charoen Pokphand Group, Himalaya Pet Care, Farmina Pet Foods, Arden Grange, Pawfect Foods, Purepet, Cannis Lupus Services, Kennel Kitchen, Vetina Healthcare, Avanti Pvt Ltd., Chappi,and Others. |
Research Design
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India Pet Food Market – Supply & Demand, Trade, and Competitive Landscape Analysis
1. Executive Summary2. Introduction
2.1. Objectives & Scope of the Study
2.2. Definitions & Economic Importance
2.3. Research Methodology
2.4. Factors and Decision Matrix Analysis
2.5. Limitations & Challenges
3.1. Evolution/ Origin & Geographic Suitability
3.2. Pet Food: Products Images
3.3. India Pet Food Products Specification
3.4. Regulatory Analysis
5. India Pet Food Market Growth Factors Analysis
5.1. Drivers and Restraints Analysis
5.2. Challenges and Opportunities Analysis
5.3. India Pet Food Industry SWOT Analysis
5.4. India Pet Food Market PESTEL Analysis
5.5. India Pet Food Market Porter's Five Forces analysis
6.1. India Pet Food Supply Analysis (Production)
7. India Pet Food Market: Demand Analysis, 2015-2030
7.1. Domestic Consumption, by Type
7.1.1. Dog
7.1.2. Cat
7.1.3. Others
7.2. Export Demand
7.3. Pet Food Supply Chain Analysis
8.1. Pet Food Export Trend Analysis
8.2. Top 10 Export Destinations of India Pet Food
8.3. Pet Food Import Trend Analysis
8.4. Top 10 Import Origins of India Pet Food
9.1. Domestic Price Trend
9.2. Export & Import Price Trend
9.3. Price Seasonality & Price Pattern Analysis
9.4. Price Events Analysis
10.1. Market Mapping
10.1.1. India Pet Food Market Share Analysis
10.1.2. List of Key Companies Importing Pet Food Products to India
10.1.3. List of Key Companies Exporting Pet Food Products from India
10.2. Company Profiles
10.2.1. Mars Petcare
10.2.2. Nestlé Purina
10.2.3. Indian Broiler Group (Drools Pet Food Pvt. Ltd. & Pure Pet)
10.2.4. Charoen Pokphand Group
10.2.5. Himalaya Pet Care
10.2.6. Farmina Pet Foods
10.2.7. Arden Grange
10.2.8. Pawfect Foods
10.2.9. Purepet
10.2.10. Cannis Lupus Services
10.2.11. Kennel Kitchen
10.2.12. Vetina Healthcare
10.2.13. Avanti Pvt Ltd.
10.2.14. Chappi
12. Appendix
Table 1: India Pet Food Production, Volume (Tonnes)
Table 2: India Pet Food Production, Value (US$)
Table 3: India Pet Food Supply-Demand Trend,
Table 4: India Pet Food Market, Demand Details (Volume)
Table 5: India Pet Food Market Demand, By Pet Type
Table 6: India Pet Food Market Demand, By Product
Table 7: India Pet Food Export Trend, by Value
Table 8: India Pet Food Export Trend, by Volume
Table 9: India Pet Food Export Destinations by Volume (in %share)
Table 10: India Pet Food Export Destinations by Value (in %share)
Table 11: Top 10 Countries Importing Pet Food from India, by Value
Table 12: Top 10 Countries Importing Pet Food from India, by Volume
Table 13: India Pet Food Import Trend, by Value
Table 14: India Pet Food Import Trend, by Volume
Table 15: India Pet Food Import Origins by Volume (in %share)
Table 16: India Pet Food Import Origins by Value (in %share)
Table 17: Top 10 Countries Exporting Pet Food to India, by Value
Table 18: Top 10 Countries Exporting Pet Food to India, by Volume
Table 19: India Pet Food Export Market Price Trend, FoB
Table 20: USA Pet Food Export Trend
Table 21: South Africa Pet Food Import Trend
Table 22: Industry Recent Developments
Table 23: Key Companies involved in Global Pet Food Trade
Figure 1: Pet Food Production Seasonality Trend
Figure 2: India Population Dynamics, 2023
Figure 3: India Pet Food Supply-Demand Trend Analysis
Figure 4: India: GDP Annual Growth & Exchange Rate Trend
Figure 5: Global Pet Food Market – An Overview
Figure 6: Global and India Pet Food Production Trend Comparison
Figure 7: India Pet Food Production Trend (Volume)
Figure 8: India Pet Food Production Trend (Value)
Figure 9: India Domestic Consumption of Pet Food (Volume)
Figure 10: India Pet Food Domestic Consumption, by Pet Type (Volume)
Figure 11: India Pet Food Supply Channel Framework
Figure 12: India Pet Food Product Variants Available in the Market
Figure 13: Global Pet Food Production, Volume
Figure 14: Global Imports of Pet Food, Value (USD Million)
Figure 15: India Pet Food Export, Value
Figure 16: India Pet Food Export, Volume
Figure 17: India Pet Food Import, Value
Figure 18: India Pet Food Import, Volume
Figure 10: India Pet Food Export Destinations Share (by Volume)
Figure 20: India Pet Food Export Trend, by Value & Volume
Figure 21: Top 10 Countries Importing Pet Food from India, %share by Value
Figure 22: Top 10 Countries Importing Pet Food from India, %share by Volume
Figure 23: USA Exports of Pet Food, by Value & Volume
Figure 24: India Pet Food Price Trend, Annual Average Prices
Figure 25: India Pet Food Price Trend, Monthly Average Prices
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